Shared Ownership in Dorchester, Dorset 3 bedroom House

  • £375,000

    Equity share: 40% / £150,000

United Kingdom, Dorchester, DT1 3AQ Wadebridge Square
Houses For Sale Shared Ownership

Shared Ownership in Dorchester, Dorset 3 bedroom House

United Kingdom, Dorchester, DT1 3AQ Wadebridge Square
  • £375,000

    Equity share: 40% / £150,000

Property Overview

  • House
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 3 bedroom House Shared Ownership. It is situated in Dorchester, Dorset and is available now.

16 Wadebridge Street , Poundbury

IF YOU ARE A SERVING MEMBER OF THE ARMED FORCES, PLEASE CONTACT US AT commercialservice@stonewater.org ONCE YOU HAVE ARRNAGED A VIEWING ON THIS HOME SO WE CAN PRIORITISE YOUR APPLICATION. IF YOU DO NOT MAKE USE AWARE, WE WILL NOT BE ABLE TO GUARANTEE PRIORITY.

Beautifully presented two storey terraced home with open plan kitchen/diner.

Lovely south facing lounge makes the room very inviting and relaxing.

The property has high ceilings giving a great sense of space and making the rooms feel light and airy.

Mature low-maintenance enclosed rear garden with a gate providing access to the rear car park where there is an allocated parking space.

The property is energy efficient and has double-glazed windows and doors throughout.

Great community-spirited neighbourhood.

Poundbury, built on Duchy of Cornwall land, has been designed in accordance with principles of architecture and urban planning as advocated by King Charles III.

Poundbury has a regular bus service, a range of more than 250 independent stores as well as Waitrose, a pharmacy, pubs and a range of excellent cafes, a bistro, dentist and GP surgery, first school, post office, veterinary practice and garden centre.

Dorchester town centre is just over a mile away with a large hospital, schools, leisure centre, recreational activities, a library and two cinemas. Dorchester also has mainline rail links to London Waterloo and Bristol Temple Meads.

 

Viewings

Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Daisy Nineham

Seller Contact Details: daisy9ham@gmail.com & 07889918072

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household – for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, (£47,489.00) which is based on the minimum deposit (£10,000.00) for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.

Please let us know if you need any further information and good luck with your viewing.

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

 

Property Address

Open on Google Maps
  • Address United Kingdom, Dorchester, DT1 3AQ Wadebridge Square
  • City Dorchester
  • County Dorset
  • Postal Code DT1 3AQ

Details

Updated on May 24, 2024 at 3:18 pm
  • Property ID: MS-125102
  • Rental Amount Per Month: £409/Month
  • Bedrooms: 3
  • Bathroom: 1
  • Property Type: House
  • Property Status: Houses For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 34.78
  • Value Of The Equity Share: 40% / £150,000
  • Overall Property Value: £375,000
  • Tenure: Leasehold
  • Council Tax Band: D

Contact Stonewater Homes Resales about: Shared Ownership in Dorchester, Dorset 3 bedroom House

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